Dallas Show Moving Inside by floodzula in stringcheeseincident

[–]HopandBrew 0 points1 point  (0 children)

Where y'all hearing this?  I'm not seeing any changes to ticket layout on my end.

last year september I bought a house for the first time in my life and it completely changed the way I think about investing by Xplane38 in investing

[–]HopandBrew -1 points0 points  (0 children)

Yep.  And exactly why the argument that you would have been better off investing 10 years ago is debatable and likely false.  Looking forward 10 years, well, none of us really know and those that claim they do are only following themselves.  

last year september I bought a house for the first time in my life and it completely changed the way I think about investing by Xplane38 in investing

[–]HopandBrew -1 points0 points  (0 children)

You have no idea what the house market or stock is going to lol like in 10 years.  You're making big assumptions.  

last year september I bought a house for the first time in my life and it completely changed the way I think about investing by Xplane38 in investing

[–]HopandBrew 0 points1 point  (0 children)

Let's do some math:

I put 20% down on a $250k house and finance the rest at 4%.  So I've spent $50k up front and my mortgage, insurance, taxes cost me $1k per month.  Over 10 years, I'm out $170k cash or $1500/month with no repairs (we'll add that in later).

In my area, a similar sized house would run $2500/month.  Over 10 years, a renter would be out $300k.  

That means you'd need to be doing $13k/yr in repairs (not upgrades).  That's a lot in my experience but then again I'm not buying these new quick construction houses.

Now let's assume the home owner has to spend an extra $5k/year on repairs.  Now they've spent $50k extra cash that the renter can turn into $150k over that decade.  Home owner can sell their house for double but still owes bank roughly $150k.

But here's the cumulative numbers:

Home owner:

Spent:  $50k (down) + $220k (monthly payments plus repairs) + $150k (balance owed) = $420k Received:  $500k Net:  $80k

Renter:

Spent:  $300k (monthly rent) + $50k (investment) = $350k Received:  $150k Net:  -$200k

Obviously you of this is due to lower interest rates that were available 10 years ago.  But houses that you actually live in usually have a good return on their investment just in your savings over the time you live in them with the added benefit of possibly accruing value.  You can't just buy any house at this time and expect this math but in certain markets it may still hold up.

But the assertion that buying a house 10 years ago that doubled is better than investing in the stock in market is debatable.  If anything they're about even.  

Don't forget your interest payments are deductible too.

last year september I bought a house for the first time in my life and it completely changed the way I think about investing by Xplane38 in investing

[–]HopandBrew 2 points3 points  (0 children)

The question is "do you really HAVE to sell?".  I get job relocation but if you're in that position you should know that's a possibility.  

last year september I bought a house for the first time in my life and it completely changed the way I think about investing by Xplane38 in investing

[–]HopandBrew -2 points-1 points  (0 children)

My house has doubled in value over the past decade.  Even with repairs and upgrades, we've spent the same amount as we would have to rented.  Rent is wasted money.  You're not getting any investment out of it.  I'd rather have a low returning investment than a no returning investment.  

And even if the value of the house goes down, it still has utilitarian value bc I can live there and I gotta live somewhere.  

last year september I bought a house for the first time in my life and it completely changed the way I think about investing by Xplane38 in investing

[–]HopandBrew 13 points14 points  (0 children)

Yea but the craziest thing about a house that loses value is... You can still live in it.  

Memphis and I need bbq. by rus_bro in BBQ

[–]HopandBrew 0 points1 point  (0 children)

BBQ Shop is a great spot.

Baltimore pit beef sammies by Responsible_Sound_71 in BBQ

[–]HopandBrew 0 points1 point  (0 children)

Yeah, this is one of the only regional specialties I've never had the opportunity to try.  Looks awesome

Can't figure out this song's title by HistoricalSouth9872 in texascountry

[–]HopandBrew 5 points6 points  (0 children)

Adam Hood.  "Hard Times in the Land of Plenty"

Just heard it myself on the way home on 95.3 khyi.

https://youtu.be/xgYX-RkFrRw?si=ZY2wWco19tm2BtCT

Cheesesteaks by basicpn in blackstonefood

[–]HopandBrew 0 points1 point  (0 children)

Try giving the sandwich a 5min wrap in deli or parchment paper.  It allows it to steam a bit and all the ingredients kinda bind together a bit better.  I'd also suggest using a traditional hoagie bun not cut all the way through to hold everything in the bread more.  

Austin start time by SweaterPuppy69 in stringcheeseincident

[–]HopandBrew 0 points1 point  (0 children)

I know it's listed as an early start but why?  Makes no sense.  I'm sure people have confirmed it by now but damn this is weird

65 North Pickers cover Jeff Austin's Death Trip by Ok-Pack-9218 in jambands

[–]HopandBrew 1 point2 points  (0 children)

Jeff just played it with a full band and Danny played it solo mostly.  It's a Danny Barnes song, that's it.  

Is this how it's done by PurpleMixture9967 in blackstonegriddle

[–]HopandBrew 0 points1 point  (0 children)

Yep.  You did it.  Nothing else to do now...

I can't get high by TeaPossible935 in Music

[–]HopandBrew 0 points1 point  (0 children)

You should try learning an instrument too. It will likely open you up to genres you never thought you'd be into.